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Handyman|How do you pay yourself?
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**Tips for paying yourself as a single-member LLC #handyman business:**
* **Set a budget:** Before you start paying yourself, it's important to set a budget for your business and personal expenses. This will help you make sure that you're not overpaying yourself and that you're leaving enough money in your business account to cover operating expenses.
* **Be consistent:** Once you've decided how you're going to pay yourself, it's important to be consistent. This will help you avoid any surprises when it comes time to file your taxes.
* **Keep good records:** It's important to keep good records of all of your business income and expenses, including your owner's draws or salary payments. This will make it easier to file your taxes and track your business's financial performance.
#bookkeeping
If you have any questions about how to pay yourself as a single-member LLC handyman business, you should consult with a tax advisor.
#handyman
#handymanbusiness
#llc
#ownersdraw
#salary
#taxes
#smallbusiness
#selfemployed
* **Set a budget:** Before you start paying yourself, it's important to set a budget for your business and personal expenses. This will help you make sure that you're not overpaying yourself and that you're leaving enough money in your business account to cover operating expenses.
* **Be consistent:** Once you've decided how you're going to pay yourself, it's important to be consistent. This will help you avoid any surprises when it comes time to file your taxes.
* **Keep good records:** It's important to keep good records of all of your business income and expenses, including your owner's draws or salary payments. This will make it easier to file your taxes and track your business's financial performance.
#bookkeeping
If you have any questions about how to pay yourself as a single-member LLC handyman business, you should consult with a tax advisor.
#handyman
#handymanbusiness
#llc
#ownersdraw
#salary
#taxes
#smallbusiness
#selfemployed